Last week’s Budget 2018 announced a number of changes to the main Income Tax rates and allowances for the 2019/20 tax year.

HMRC has published an annex, which includes the main rates and allowances announced in the Budget 2018, and is useful as a single point of reference for the latest changes. The annex also covers all announcements made at Autumn Budget 2017 and subsequently.

Categories comprise:

  • Personal tax and benefits
  • Company car tax
  • National Insurance contributions (NICs)
  • Working and child tax credits, child benefit and guardians allowance
  • Capital, assets and property (includes pensions)
  • Business and financial services
  • Indirect tax.

"Cintra HR & Payroll Services has a long standing relationship with The Learn Centre – they are an absolutely integral part of the payroll community. Their training courses and annual conference are a must for all payroll professionals and not just for up to the minute technical topics: their training really puts payroll and payroll issues into context, taking into account commercial, economic and political influences."Carsten Staehr - CEO at Cintra HR & Payroll Services

Carsten Staehr
CEO at Cintra HR & Payroll Services

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